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. we are endlessly reminded that everything must be on the table, including defense, which accounts for about 20% -- as you probably know -- of the budget. but defense doesn't really seem to be on the table in terms of widely-discussed solutions or strategies. instead, we confront sequestration, a thoroughly bad idea for getting a defense budget or any other budget. unless we take action, we could face a fiscal or economic crisis that forces cuts to our military priorities, steep and arbitrary cuts that are neither coherent, nor prioritized. the question is, can we and how do we achieve savings that can improve our fiscal outlook while meeting our national security needs? to quote admiral mullen again, he said the pentagon budget was basically doubled in the last decade, and in doubling we have lost the ability to prioritize. to make hard decisions, to do tough analyses, to make trades. we also need a review of our defense strategy that makes sure that we are preparing for the threats and risks of the 21st century, not those of the past. the foundation has funded two efforts along t
themselves against that. >> well, that was the follow. do they have any defenses, are there any defenses and what are they doing to prepare for the prospect if theyhink that it's real? >> reporter: they have nothing. they have absolutely nothing. the people here have not had anything to begin with to protect themselves from the bullets and the bombs, and most certainly when it comes to chemical warfare, they have no defenses whatsoever, bearing in mind, too, that this is a population that is not just struggling with the violence and the ongoing strikes and artillery raining around them, it is also a population that is barely able to make ends meet. the prices here have skyrocketed astronomically to the point where bread, something that is a basic commodity, has become something of a luxury. people are completely and totally helpless already in the face of the regime's air power and other artillery. they are going to be just as helpless in the face of any sort of chemical warfare if the regime does, in fact, decide to employ that. >> is there any sense among the rebels, the opposition, th
faith with the men and women who have suffered grievous disability in defense of our nation, and we owe them nothing less. this treaty is not about changing america. it's about america changing the world. but a vote here is a test of this institution. this vote is a test of whether the senate, which passed the civil rights act and the voting rights act and the americans with disabilities act, is still capable of voting to change things, let alone send a message that could change the world. i ask colleagues to do for the world what they've done for america -- walk down the aisle here and for millions everywhere who cannot walk make a stateme statement. raise your voice and vote for millions who are voiceless in their own lands. stand up for those who cannot stand up for themselves. this is not about the united nations. this is about common humanity. and this vote is to test whether the senate will stand up for those who cannot see or hear and whether senators can hear the truth and see the facts. please don't let captain brzynski down, please don't let senator bob dole down. most importa
defense budget cuts not even part of the discussion so far about the fiscal cliff. those cuts are set to go into affect in three weeks. admiral james lyons joins us in just moments. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core omy ptfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ lou: welcome back. we are talking about the disco cliff. we are going to turn to advance in the middle east and the united nations this week. judy miller, joe trip be, and rollins. i wanted just go back to the fiscal cliff just for a second. that is, the republican messaging, if you will. they have an opportunity here, it seems to me, as well as a problem, but i don't hear creati
the brotherhood. syria apparently mixing chemcal weapons. the foundation for defense of democracy joins us here in monts. the unemployment rate drops. so did the number of workers in the labour force. we will be taaking about this economyand what washington is trying to do to it and us next with peterwallace and. i'm dominique dawes and there parents can give their kids -- making sure they get active at least 60 minutes each day. studies sh that physical activity not only helps kids stay heahy, it can enhance impoant skills, like concentration and problem solving, which can improve academic performance. this means physical activity can help your kids in the most important game of all -- life ♪ lou: house speaker boehner says the president is slow walking our economy to the fiscal cliff. former reagan white house counsel, financial crisis inquiry commission member peter wallace will join me here in just moments. let's take a look at tonight's "moneyline." the dow and s&p managing gains. the nasdaq weighed down by another bad day for apple and its investors. the dow up 81 points. s&p up four, t
by the department of defense to consider what ways we might also engage in terms of institutional development with the defense institutions and that's something in the last several years where we are ramping up in the department of the ability to provide advisers and other types of institutional reform engagement with various military partners to ensure that just as we are looking at strengthening of the tactical level we are also focusing on the institutional strength of these defense institutions. >> ms. dory can we afford to wait a year for planning, training, assembly of a regional force for the completion of negotiations for the successful election in some press accounts aqim is described as this point the best funded and best equipped most potentially lethal affiliate in the world and those accounts are overblown but the suggestion is we should have an area the size of texas controlled by terrorists engaged in drug trafficking and kidnappings that have had an inflow of some sophisticated weapons. can we afford to wait a year for the regional solution. >> i think one of the things as we
it done in stanten island all on his own, without the government. meanwhile, why a former defense secretary says the battle in washington could have our military losing the war. we have more. ♪ this family used capital one venture miles to come home for the holidays. that's double miles can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] t it'she family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flightany time! that double miles you can actually use! how illuminang. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! nah. don tell me. tell tiny! [ ice crackling ] [ knuckles cracking ] and who are you supposed to be, back-up? handle it. what you loing at? ha! cat-like reflexes... whoa! [ male announcer ] the coorlight silver bullet pint. 's bigger. it's resealable. it's still the coldest. don't u do it. don't you do it! [ male announcer ] frost bred coors light. the world's most refreshing beer! neil: no deal. bp out, and if automatic cuts cut in january 1s
on his own, without the government. meanwhile, why a former defense secretary says the battle in washington could have our military losing the war. we have more. ♪ neil: no deal. bp out, and if automatic cuts cut in january 1st because they have not figured it out, forget the economy. r military could be the one really getting slammed. spending making up for over 50% of the total budget cuts that would automatically be sequesteredded in. all other government programs share the rest. defense, half of them 80 other programs with the other half. william cohen on why it could be a scary thing. secretary, good to have you. what would be the immediate impact on the military, do you thk? >> well, the immediate impact would be on operations and maintenance. basically, cuts in training, programs will be deferred, it would have an impact in terms of our war on terror, in terms of being able to fund these prerly. whenever you talk about budget cuts, usually, you have a premise that what arehe threats that face us. what's a strategy we have to combat those threats? what is the revenue n
the government. meanwhile, why a former defense secretary says the battle in washington could have our military losing the war. we have more. ♪ man: we are rolling. all right, mama's gonna bring it home, mama's gonna bring it home. oh, no! man: oh, mom! aah! announcer: challen your kids to be active and eat healthy. all right, let's see what you can do. let's go. announcer: search "we can" for ideas on how to get healthy together. neil: no deal. bp out, and if automatic cuts cut in january 1st because they have not figured it out, forget the economy. our military could be the one really getting slammed. spending making up for over 50% of the total budget cuts that would automatically sequesteredd in. all other government programs share the rest. defense, half of them 80 other programs with the other half. william cohen on why it could be a scary thing. secretary, good to have you. what would be the immediate impact on the military, do you think? >> well, the immediate imct would be on operations and maintenance. basically, cuts in training, programs will be deferred, it would have an impact i
in self defense. >>> republicans took the bait. they delivered a counter proposal to president obama's plan to avert the fiscal cliff. guess what, the white house rejected it, calling the gop proposal unbalanced and not serious. translation? no tax hikes on the wealthy so democrats said forget about it. we thought you should take a look. it totals $2.2 trillion in deficit reduction over ten years. the part that stood out to us was $600 billion in proposed savings in medicare reforms. how? in part by raising the age of eligibility to 65 to maybe 67. turning down the gop proposal, dan pfieffer said, quote, it provides no details on which deductions they would eliminate, which loopholes they will close or which medicare savings they would achieve." let's head now to the white house and dan lothian. the white house will not offer a counter proposal, right? what's going on here? >> reporter: well, you know, i think the white house is digging in. the president said early on in this process that he would only sit down and really move forward, negotiate on this in any meaningful way if the t
air act to reduce carbon pollution from existing power plants. the natural resource defense council came out with a study that said he could use existing authority to reduce emission 20% from power plants. that would be a big deal. there are all these efficiency standards locked up in the white house that need to be set free. he could take more leadership role in the pentagon use of clean energy. the pentagon has become a leader but now it's time to expand that. if the president really took an aggressive set of actions we could actually meet this commitment that he made three years ago before the copenhagen negotiations for a 17% reduction in carbon pollution and then we could lead the way for international negotiations. >> eliot: let me just jump in on the clean air act. there is a point that people need to understand. the white house has been pretty good about issuing resolutions leading to new power plants. not existing coal burning plants. even though now regs are good, if you apply those retrospectively to existing coal plants then you would be capturing and harnessing a much b
as heterosexuals as it rules on california proposition 8. justices will determine if congress under the defense of marriage act can depry legally married gay couples benefits that available to straight husband and wives. we'll have more on that with the panel in a little while. they can carry a tune all the way to the bank. but the top musicians backing up their rants against the 1%ers? that is coming up in the grapevine. up next, what happens if diplomacy fails in syria? begin. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. [ male announcer ] taste it and describe the indescribable. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. ma
in. all other government programs share the rest. defense, half of them 80 other programs with the other ha. william cohen on why it could be a scary thing. secretary, good to have you. what would be the immediate impact on the military, do you think? >> well, the immediate impact would be on operations and maintenance. bacally, cuts in training, programs will deferred, it would have an impact in terms of our war on terror, in terms of being able to fund these properly. wheneverou talk about budget cuts, usually, you have a premise that what are the threats that face us. what's a strategy we have to combat those threats? what is the revenue necessary to fund the execution of the strategy? now we have a situation where just take it across the board, and deal with it. i think it's going to be very dangerous for us. it's not that the defense budget can't be cut. we already mandated 500 billion in cuts over ten years. this is another 500 billion meing roughly, next year, starting in january, another 58 billion in 2013 comes out. that means we're going to have a major impact o
and federal government funded by the lottery. there is a defense between tas that are forced and lottery which is it. >>> and i think the point. there is no way. if you make it voluntary. >> i can't hear anybody! >> and the bigger point here, you got to start somewhere. ybody who comes wup a solution. if it doesn't cover the full pad they slam it down and they say it will not work it is all about the baby steps. we are so screwed up. >> i disagree with that. >> a two dollar lottery. why is it ridiculous julian. >> you are talking about raising billions and we have to raise four trillion. >> that's not the only thing to do. >> it is it nolt. we'll not he a cookie today because i am trying not lose five pounds for the moll day. >> it is not funny. the fact of the matter we are taking big ste this is between two or three trillion debt reduction package. it is significant things. we are nolt dealing with serious other thans right now. >> we are throwing big nbc out there. three trillion over three years and why not hundred years and call it 30 trillion. we are not making a team it is not making a
rationality to it while it raises more revenue. there are countless opportunities in the department of defense to save money, starting with a quarter trillion dollars in the nuclear arsenal for weapons that we will never use and we don't need. there are opportunities for agricultural reform, and it's been my pleasure to work on bipartisan reform efforts with senator-elect jeff flake and my friend, paul ryan. and there are real opportunities in health care. now, i hope my republican friends will stop the charade we went through this last year and a half of repealing obamacare some 37 times. that train has left the station. the president was re-elected. it's not going to be repealed. the supreme court has decided it's constitutional. and most of the major health care players are busy at work implementing health care reform. but we have barely scratched the surface of the ability to squeeze more value out of the health care system. the united states does not have to spend nearly twice as much as all the other developed countries and actually have health care results that on average are worse than
problem. you know, clinton took that approach in 1993. he cut defense way back. i think the president could do a little bit more to attract some people over to his side if he did that. but i'm just struck by the fact that we've got this completely outside game. >> right. >> there's not a lot going on on the inside in terms of real negotiation. but we'll get there. >> and steve, this is a point we brought up last hour. you know, everybody is debating over raising top rates for people making $250,000 or more. you look -- tom's talking about $88 trillion. you look at the small percentage, these tax increases as part of the bigger problem, and you realize that we're not even having a serious discussion right now. we're obsessed on something that's not going to save us. >> well, that's true. first, with respect to what david said, i think partly why they're playing an outside game is because they've been criticized in the past of playing too much of an inside game. the president's criticized himself for not taking his message outside, telling his story. secondly, i do think the president h
. the department of defense is concerned about instability in mali and is working closely with our interagency partners to strengthen efforts at countering aqim and affiliates as well as supporting maliian efforts to restore territorial sovereignty. our approach is to support mali's neighbors, to isolate the terrorist threat and to enable ecowas and others to degrade aqim while working to enhance maliian sovereignty. this is consistent with the appropriations act which prescribes certain assistance to the government of any country whose duly elected government is edeposed as a result of a coup. slult the coup, d.o.d. has ceased working with the maliian military. there's an ongoing rebellion that's the fourth rebellion since mali gained their independence. the flow of arms from other countries has made it hard for the country to respond. ecowas has brokered and agreement with the parties to establish an interim government but captain sunogo continues to influence decision making in mali. northern mali has become a safe haven for extremists and terrorist groups including aqim and affiliates. as
trillions on defense. federal pension that is 22 percent of the federal budget. we give pensions to members of congress and let's look at that and look at entitlements and look at the big honey pot and the big spending. >> i am all with mark in bringing down the pensionss of the politicians. here are the facts, in 2009, we had a stilus spending. 800 billion extra from 2008. guess what, it never stopped. it was supposed to be a one stop 2010 and 11 and 12 we have maintained the extra spending in a time when we had cut back on military spending. >> absolutel >> and that is increasing and guess what, that adds up to the deficit, right? >> david, the probl is deeper than what you are describing. this goes back decades. when you look at entitlement spending over the last half century, it has steadily crept up four percent every year and that incdes adjustments for population growth. so what then? you increaseaxes four percent every year? that is absurd. at some point we need both parties to come together and tax this entitlement creep. we mention obama ape lot. he hasn't helped the numbers. but
you believe not only president, but mr. panetta, secretary of defense, actually is in the act saying there would be retaliation, do you believe that? and what would be the consequences of that? >> i think everybody believes that. and i think the deputy foreign minister believes it, too. which is why the key phrase there was we wouldn't commit suicide. he knows that if they use these weapons, that there would be a massive retaliation on the part of the united states. and i don't think we should undermine his credibility just because he said "if." take israel for instance, doesn't admit it has nuclear weapons. that's accepted. >> you think rather than us, nato would be interested in getting involved? >> i think pat is right that if they use those weapons, they would be completely isolated. and it would be a coalition of everyone across the globe. >> nato forces, you got the turks there and the americans. the americans have the air power. and the israelis in the neighborhood have it, but they don't want to get involved or shouldn't get involved. but only the americans could do that, and
rubio -- [inaudible] >> a defensive back coach, wasn't my fault. we didn't give up a pass, neither was there one attempted to be fair. it was a tremendous amount of fun. my seven my seven euros first year playing tackle football, so i had as much fun doing not if they ever had. >> we have a lot of new coaches and here. how do you connect? >> it's got to be fun for them. the most important thing you can do is not just about been a better player. if you can teach a kid early on to catch a ball, hold the ball right and tackle the proper form coming to keep them safe and having fun. it's very difficult to break labor. with a focus on head injuries they teach my kids how to tackle appropriately. >> and to make it fun, how do you do that? >> winning is fun winning is fun for me sicilia strikes were winning. it forces you to work with other people to accomplish your goal, particular on the particular on the offense is that there's very little you can do by yourself. you can be the best running back in the world, but if your box unexecuted come you can't get anywhere. i think that applies
that we double defense, a tree today whole new category of spending called homeland security, went to war twice totally on a credit card, created a brand new entitlement medicare part d, and we have the aging of a population that means the entitlement programs that have been wonderfully successful, those of us were willing to say we need to entitlement reform, not because medicare and social security have not been successful, they have been, and consequently, all we are living a lot longer, which is good, but it does mean the math -- when i was a kid, 16 people were working paying for everyone retiree, now is 3 to 1, and in a decade will be 2 to 1, means we have to make adjustments. the math deniers around that i have a hard time grappling with. >the sense in-bowles -- simpson- bowles gang had $2.40 -- $ 2. tralee4 in in revenue. if we think we need to go bigger, which i do believe -- $1.6 trillion is still only 1/3 of what we had in the revenue line in the 90's. in my memory, the american economy did pretty darn well. i do think there are ways to get there. on entitlements, i find we hav
the president is dealing with one of many pressing issues. he's about to speak at the national defense university on efforts to secure nuclear weapons. and as the president faces security demands on the global stage, he's proving as tough a negotiator as republicans have ever seen on the fast approaching fiscal cliff. in the last hour house republicans presented a counteroffer to the president's plan including $800 billion in savings through tax reform with no tax rate hikes. john boehner blasting the president's, quote, la la land offer. that just moments after the president took his plan to the people answering questions about the fiscal cliff on twitter, and with less than a month to go, the white house dispatched treasury secretary tim geithner to five sunday talk shows to declare tax rates on the wealthy are going up one way or another. >> if the republicans say, sorry, no way are we going to raise rates on the wealthy. you guys are willing to go off the fiscal cliff? >> it republicans are not willing to let rates go back up, and we think they should go back to the clinton levels,
defense was not going to comment and she said it to our mom today was the best day of herbalife. >> she said she met the boy. it was not the you tube video that led to her are rest but her ex-husband recognized her in the surveillance. and she complained that the government stole her baby she makes a cradling gesture. records confirm that she lost custody child. the issue were the same outfit in the bank, her arrest, and the you tube video that could center down the tubes. cnn and coffeejeanne mos... >> coming up, much quieter than the yesterday's commute. with yesterday's fog, janu. >> good morning a. we are taking a look at the satellite and radar with high pressure building on the eastern pacific ridge. it will keep us rain-free. with that dense fog and breaks of sunshine for the afternoon and partly cloudy and cooler conditions. taking a look of fog tracker 4 still areas of dense fog but by 10:00 a.m. still some breaks of sunshine. and for the evening, some southern portions of the east bay shore in the east bay valley. a pretty nice start with vallejo, half moon bay. 56 in the sunn
go here as we go down the list, reducing military spending, reducing non-defense spending. all of that is negative. a slight positive on reducing non-defense spending for republicans. but then you take these last three. raising the retirement age, raising income taxes for everybody, raising medicare for spending. net negative for all three political factions. democrats, republicans, and independents. one thing you'll notice here quickly is that the red here, reducing military spending debt, is the most net negative for the republicans. even more negative than raisings taxes on all people. >> you know, i look at that. if i'm understanding it correctly, my initial reaction is, are americans just in a fantasy land over medicare spending? you can't get there unless you reduce medicare spending. >> i think that may be true. i think when we talk about leadership and political leadership taking risks, i think one of the things people have to do is politicians step forward and say, okay, here's the benefit and here's the cost. if weaver get there, we can start to poll that and ask peop
seen cutting-edge defenses protect israel, cities and rural areas. we have seen israel fight for and win a stop to rocket fire from gaza. but we've also seen the challenge of turning a ceasefire into a lasting calm; of helping palestinians committed to peace find a more constructive path to pursue it; of putting israel's peace with egypt on a stronger foundation; of making sure that iran can never acquire a nuclear weapon. and just yesterday, as you know, the united nations general assembly voted to grant the palestinian authority non-member observer state status, a step that will not bring us any closer to peace. when it comes to a region full of uncertainty, upheaval, revolution, this much is constant and clear -- america and israel are in it together. this is a friendship that comes naturally to us. americans honor israel as a homeland dreamed of for generations and finally achieved by pioneering men and women in my lifetime. we share bedrock beliefs in freedom, equality, democracy, and the right to live without fear. what threatens israel threatens america, and what stren
blocks away from the shell refinery. >> it is the first line of defense for us against the many mishaps that could happen. >> in addition to the station in martinez, the others earmarked for closure are in walnut creek, lafayette and clayton on center avenue. >> this is going to leave clayton with absolutely no fire stations in our city. >> the stations were marked by contra costa fire officials to save $10 million a year. officials warned that if a partial tax measure failed last month, this would happen, and the measure did fail. >> we're basically at a juncture now where we don't have an awful lot of options available to us. >> fire officials said they made their decision based on call volume of at each. firefighters say closing the station will increase response time. >> we'll have to reconsider our tactics, maybe not go in because when you -- when you go in to do an interior fire tack, you need to have the necessary backup on the outside. >> the supervisors asked the fire chief to come back with more information on specific stations and possible alternatives. >> it is most likely t
] >> stephanie: threatening the stability of the netherland's sea defenses, a group of experts known as -- >> dikes. >> stephanie: i think they try not to put the same word in the same sentence. in a sentence where they use beaver they use sea defenses. clearly, they are beaver experts like jim. >> dikes. >> stephanie: the mammal society has put together other wildlife groups to protection the water-blocking dikes. from the small but potentially destructive semi aquatic rodents. where they use dikes they're not going to say beaver. >> clever how they did that. >> infer something. >> who put some thought into this? >> stephanie: they're like stop it. >> stop it! >> stephanie: don't put that in the same sentence. >> ann: stop it. >> stephanie: there are is still a lot of unintentional hilarity. there have been no beaver sightings into the capital of amsterdam. you can get a lot of things in amsterdam. surprising you can't get beaver. you can get a block of hash -- >> the size of your face. >> stephanie: beave
in this country it is the private insurance industry that steps up as first line of defense. neil: it might be, but after katrina we learned that 140 million of up front federal money given, i don't know what happened to the other 100. maybe it did go out to other areas, and structures -- but that is the wrap against the large sums, you subscribe to 10% loss and abuse of moneys, contractor rule. then by thatting thamath, a gool will never reach the intended folks. >> you are right, the answer is two-fold, you are not throwing out the baby with the bag water. you -- bath water, you need fema and government assistance for a mass disaster on the other hand there has to -- >> money directly to people rather than an intermediary. >> i think you are right, it is an administrative issue, it is how you administer akin program like this. we, at bp got it out fast and right with minimum overhead, that is what ought to be done in a case like this. neil: you have to make tough judgment calls, right, in the case of you, 9/11 that a broker who died on 9/11, his potential earnings going forward, what we coul
and then next year? >> for the next month, i have defensively positioned. what's worked in an environment where the fed is monetizing debt is stocks with bond like characteristics. it looks most like the bond market so that's what we're in. >> defensive stocks? >> yeah. utilities, health care and there is a portion of the market we would like to buy. the capital spending sensitive part, which has been the weakest bit. enterprise tack and industrial. but only on a correction that forces the politicians into what we describe as a good deal. >> so you don't do any of that now? >> no. for me, the market is in the wrong place given the massive deceleration and earnings we've seen and it's unlikely to change very much next year. and so this persistent fed making it more and more difficult to manage fixed income portfolios is probably going to affect that part of the stock market and keep a bid to it. but the more cyclical parts, i don't see them getting out of their own way for some time. >> did you already tell us you like small caps? >> wall street is now recommending the lowest equity allocation i
but others believe we won't get spending cuts that we need. more will take place in defense which many argue does need to happen perhaps though not in the same way it does. we shall see. what's today's date? the fourth now. we're not too far. people say the 18th. we need to at least see something for the 21st. >> they're going on vacation with legislation. is that right? should they be able to take off? >> we should sequester their vacation. >> a great tweet this morning, jim. if you had a big project due at work, would you be going on vacation a week from tomorrow? >> let's say our bosses said we need you to finish this by year end. pal, man, i got a trip to st. bartz. what would they say? they would say stay down there. i don't like one of the defensive line guys that gets fired by the eagles. does he get to fly back from texas? we would fire these guys where they are, when they are on vacation. no. they get to take vacation without finishing their project. >> a couple good poll numbers out today. abc/"the washington post" if we went off people would blame gop by two to one margin and then
who works for the natural resources defense council. >> [inaudible] [laughter] one of the questions i have is -- [inaudible] in the work that i'm doing on climate and environmental justice work is how do you move from the vision, which is really exciting, think -- [inaudible] just how in thinking about some of the, some of the -- [inaudible] you talked about specifically meeting an infrastructure and some particular types of strategies, and -- [inaudible] space carved out, but there was a real question of what do we do in that space. but kind of more specifically, i'm wondering, um, how do we address, um, the issue of corporate power which you talked about as one of the problems corporate -- [inaudible] militarization, etc., how we address that in particular when we're thinking about bringing this multitude of movements together, and within that multitude -- environment, labor, etc. -- there are, there's a range of -- [inaudible] so i'm kind of struggling with this idea of having a multitude of -- [inaudible] but also having a way to really take on that power in a way that -- [inaudib
% is going to defense. discretionary spending about 13% then the 7% interest which is the interest that we are paying on our debt. that's also mandatory. we have to make good on our debt. >> which is why anybody serious about the debt says you have to look at entitlements. based 0en that. where are the areas for compromise? >> so when you look at where they're talking about cutting spending, it's in the discretionary category. about $600 billion in discretionary spending is on the table now. when you actually look at the programs like social security and medicare, one of the ideas for compromise that's been on the table is increasing that age. the availability of medicare begins at 65. if you were to increase it to 67, about $250 billion in savings. also, if you look at medicare cost sharing. this is from the provider. if you go back to the providers to provide medicare and say to them, we need you to come around and provide, pony up a little bit of the money, you can save $350 billion, and also social security. right now a cost of living increase, built into social security, and a lot of
up for secretary of state, putting john kerry up for defense? that's an easy nomination to make. you know, raising -- >> boy, would that be a bad idea. >> -- raising the contention level. they don't like susan rice. they don't like our tax proposals. they don't like our budget compromises. they're against everything. >> well, politically, it would be a tough pill for the gop. i mean, they'd be slammed on a number of fronts, you know. you've got the optics of the party going against a susan rice and all that the crazy, you know, conversation around her has led to. you'd have, then, the serious conversation on the budget and again the party of no mantra would begin to surface or resurface. so i think as a political play, yeah. the president could go all in and put all of that on the table. but i think the seignanesaner h would prevail. they don't want to complicate this too much. they don't want to make it much more difficult for them to get the bargain on both fronts. they would like to have their rice and their cake. and the fact -- the fact of the matter is that the president is goi
need to be flooded to have defensible banking. >> chancellor. the >> again, i very much respect my right honorable friend plan. as an aggressive plan to reduce the bank elements of rbs. the plan is on track. as i said to this house earlier want to see more done and rbs is reducing the size quite considerably of its investment bank and of course it's also had advice recently from the financial policy committee. i hope it takes that advice into account. >> alistair darling. >> mr. speaker, the profiler pricing growth today looks remarkably similar to the same profile in 2010, which singularly trailed to materialize. is that one of the reason businesses that target. is there any reason we have more confidence the next set of figures which so recovered the ball to capital projects he announced today, which many support. can you tell us how many were actually started here? >> the first thing i'd say to the right honorable gentleman is it's produced by the budget responsibility. so this is the lpr's has to happen to gdp over the next two years. of course the reason why the forecast a few
-sex marriage and will be considered alongside new york's challenge to the federal defense of marriage act or doma. the cases aren't expected to be decided until next june, the fact that they're weighing in on the debate will have a national effect. back at the table. kenji yoshino. donna edwards, bob herbert and joining us is ray kerry. the executive director of the guy and lesbian task force. i'm going to you kenji, you're always here to set my constitutional framework for me. it's going to be two cases, right? what's at issue in the two separate cases. >> i should do them in the order you presented them. the prop 8 case is about a state ban on same-sex marriage. so there are equal protection and due process challenges. what that means is, this violates the fundamental right of fairness of streeting gay and straight couples the same. you're denying us the fundamental right to marriage. there's a quality component and a rights component to it. if the supreme court goes big on that case, it could guarantee same-sex marriage as a law of the land. flipping the 41 states that currently don't
. he can turn and say to my want to restore some of this funding that my secretary of defense and joint chiefs of staff told me i need to restore and can positi himself as sort ofthe protector of u.s. national security. so there are some clear centives to the president to lead the country over the fiscal cliff. do i think that's what he wants? probably not, but do i think there are incentives fo him to do it temecula. gerri: never looked at it that way. as you look at this debate on going, there are a lot of folks who say we will be flirting with recession or in recession ifwe do go over the cliff. do you agree? >> that happens only if we go off the cliff and stay off for an extended amount of time. to we don't go into recession just because we don't have a resolution on january the first. it's a question of whether we have no resolution at that time but it seems that it's likely to a come within a short time. the longer we go into january with no resolution the more likely that we do go off the cliff into recession. gerri: the broader concern is if we confined in the ground. great to h
liked it -- when i.t.t. was all together, we liked the itt's defense business and we liked this company. but you know what? sir, i've not looked at it either since the spinoff. we owe you to look at that and we will. i've been telling people that clean harbors is the way to play. i'm looking at xylem. they pick these things, hey, whatever, they've got the naming guys, i would have called it itt cleanup. anyway, we're going to look at it for you. don't let economic worries jade you. mexico's economy is thriving, it just doesn't get talked about. and i think kansas city southern is the way to benefit. >> all aboard! >> it's the nafta railroad except for it doesn't take away our jobs. don't move, "lightning round's" coming. >>> keep up with cramer all day long. follow @jimcramer on twitter and tweet your questions #madtweets. welcome to chevy's year-end event. so, the 5.3-liter v-8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer power? [ laughing ] [ stops laughing ] [ male announcer ] chevy's giving more. this holiday season, trade up to get the 2012 chevy si
to the defense to be generated by the police at this point. we don't even have most of what we'll need in order to do that. >> the victim's family and friends were in court but decline today comment. attorneys say this will be a long road ahead, the first of many joint appearances for willbanks and mull droe. >> you should expect to see them together until potentially trial. they might be separated at the time of trial if the evidence dictates that. preferably we'd prefer to try them together just from an economical standpoint. >> they say better to seat just one jury and not make the victim's family suffer more than necessary. >> there are sometimes when twoef try defendants separately, but if we can avoid it, we always do. >> the case was continued until january 16th when the men will have another opportunity to enter a plea. live in san jose, ann ruben, ktvu channel 2 news. >>> the word lunatic is on its way out of federal law. mental health groups lobbied congress to remove that word from u.s. code. they say lunatic is offensive and outdated. now, the house is ready to send a bill that remo
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